Electric Vehicles Industry News
A collection of Electric Vehicles latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
The Rise of China's Electric Vehicle Industry
How did China grow its EV industry? Hint: it wasn't really central planning from Beijing. It was a magical concoction of entrepreneurs and local officials using their guanxi to dance around giant SOEs and central-government regulation, leverage…
Ferrari's first ever electric car sold for record $40m at auction
Ferrari's first ever all-electric car has fetched $40m (£29.5m) in a charity sale, setting a record for a new car sold at auction. The RM Sotheby's auction in California raised more than 35 times the usual price of a Ferrari Luce. The auction…
Modular Electric Utility Vehicle for Work and Play
Meet the ENVO UPT (Utility Personal Transporter), a fully electric, modular 4-wheel platform built for cargo, fleets, farming, and urban transport. Designed for adaptability, the UPT can transform from a pickup to a passenger mover or delivery…
Ferrari's first electric car just fetched $40M at auction after getting roasted for being a massive fail
Ferrari's first electric car has fetched a staggering $40 million at a charity auction — shattering expectations after the radical new model was savaged by critics who said it betrayed the legendary Italian automaker's identity. The…
Behold the $40 million Ferrari - the most expensive electric car ever sold
The Ferrari Luce has just set a new record, selling for $40 million at an auction in California. The heavily customised version of Ferrari's first EV was sold as a charity auction, but far exceeded the expected price. A shock result surfaced at a…
Can Indonesia build a lasting EV 'ecosystem' and not just a market?
Indonesia 's next electric-vehicle push will test whether President Prabowo Subianto can turn rising demand, nickel wealth and consumer subsidies into an integrated domestic industry that captures more value at home, or merely make imported and…
America doesn't need faster e-bikes. It needs better small electric vehicles
For the last few years, it has felt like the electric bike industry has been engaged in a constant arms race. Every new launch seems to promise more speed, more power, bigger batteries, and increasingly motorcycle-like styling. And every time a new…
Andy Burnham's petrol and diesel car ban decision could 'impact UK jobs'
Andy Burnham could make major changes to the UK's ZEV Mandate Andy Burnham's decision to look into tweaking the UK's petrol and diesel car ban rules could be a boost for UK jobs, according to motoring experts. On Friday, the Government confirmed it…
Europe is now the top destination for Indian electric cars
What's the story India's electric vehicle (EV) exports have witnessed a massive surge in the first quarter of FY 2026-27. The country's export earnings from electric motor cars jumped to $369 million from just $22.2 million during the same period…
Ferrari Luce: Polarizing EV becomes a $40 million collector's item
A bespoke model of Ferrari's first fully electric vehicle sold for $40 million in a charity sale, setting a record for a new car sold at auction. The auction comes nearly three months after the unveiling of Ferrari's first fully electric car, which…
The market for used EVs 'is so hot' right now
Sales of used electric vehicles continued their surge in July, jumping 7.7 percent from June and 10.1 percent compared to last year, according to data Cox Automotive released today. New EVs, in contrast, saw only modest 3.2 percent month-over-month…
Ferrari's first EV sells for staggering $40M at Monterey auction
Ferrari's first fully electric vehicle sold for a staggering $40 million at auction in Monterey, California. The 2026 Ferrari Luce 'Tailor Made,' identified as 'Chassis 0,' is the first production chassis from the Italian luxury automaker's new…
This sub-$7,000 sportscar might be just what the future needs
This past weekend saw Monterey Car Week at perhaps its most excessive ever. The auctions set records, including $42.9 million for one of six Shelby Daytona Coupes, and $40 million for Ferrari's first Luce electric vehicle to reach private hands.
The clean energy revolution has a mining problem
Every electric vehicle, battery storage system, transmission line, wind turbine, solar installation, and next-generation nuclear reactor begins with materials extracted from the earth. Before America can build the infrastructure needed to power…
Mercedes-Benz To Bring Back Physical Buttons In Future Vehicle Interiors
Mercedes-Benz has announced a strategic shift in its interior design philosophy, confirming plans to reintroduce physical buttons and tactile controls across its future automotive lineup. The decision, officially verified by CEO Ola Källenius…
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